This morning, on Reddit, the largest social forum in the United States, a young user raised a question, wondering if starting to buy Bitcoin now is too late and if he can ever achieve financial freedom.
Hi, I'm 25 years old, single, and hold about 0.1 BTC. I started investing in Bitcoin a year ago, and can now invest around $1,000 monthly, currently 100% daily investing in BTC. I'm aware that being able to invest this amount is a kind of luck.
My long-term goal is to retire as early as possible - not to live a luxurious crazy life, but to have enough passive income to freely enjoy life (around $3,000-$4,000 per month would be ideal).
But honestly... am I the only one who feels like I'll never reach that goal?
I keep calculating, fantasizing about Bitcoin reaching millions of dollars someday, but that future seems so distant.
Honestly, I really have serious FOMO - seeing Bitcoin was around $20,000 two years ago is quite torturing. I've also considered selling at the bull market peak and buying more at the low point after this bull market ends...Are there others who feel the same way?
Community Overwhelmingly Responds: You're Great, Keep Buying
I originally thought community comments might be skeptical about his Bitcoin investment, believing he's too late or the current risk is too high. Surprisingly, almost all comments were encouraging: "Keep buying", "Time is your friend. Continue what you're doing", "Don't be too anxious, the money you've saved already puts you ahead of millions"...
This is similar to investing in global ETFs now not being too late - as long as you maximize your earning potential and invest a large amount of savings into growth assets like Bitcoin or stocks, you can still potentially become wealthy in the long term.
Another user shared his experience:
Maybe my story can reassure you:
I started buying Bitcoin in 2016/2017, just after dropping out of school, working full-time. I had nothing except my salary (which was low), and could only buy bit by bit, like $20 at a time. Whenever I got a sales bonus, I would invest it all in BTC.
This process was very difficult because Bitcoin then entered a brutal bear market, and my position cost completely collapsed as I kept buying at high points.
It wasn't easy. I had to spend a lot of time researching to maintain confidence - even when people around me said I was crazy, and sometimes I thought I was truly mad, watching my losses, this continued for over two years.
But today - Bitcoin completely changed my life. I've never been more bullish, and I'm still "buying at high points". It was really hard to build confidence when first starting DCA in Bitcoin. But only those who truly "Hodl" get rewarded.
The opportunity hasn't disappeared. The Fed will continue printing money, the dollar will continue to depreciate. Bitcoin is that lifeboat.
We know that Bitcoin hit a historic high of $110,000 this week, and surely many are regretting not buying more at low points or worrying if buying now is too late.
If you believe in Bitcoin but are worried about long-term holding, perhaps these comments can give you more confidence when being a holder.
